Belarus’ gold and forex reserves hit new record high of $15.7bn

According to preliminary figures published on the website of the National Bank, Belarus’ gold and foreign exchange reserves stood at a total equivalent of $15.7 billion as of 1 February 2026, BelTA has learned.
 
In January 2026, gold and foreign exchange reserves increased by $1.3 billion (8.9%).
 
Foreign currency assets and monetary gold constitute the largest portion of Belarus’ international reserve assets. According to National Bank data, the foreign currency reserve volume as of 1 February stood at $5.6413 billion, marking an increase of $100.6 million from January. Conversely, the monetary gold reserve volume was $8.605 billion, reflecting an increase of $1,162.3 million.
 
In line with monetary policy targets, Belarus’ international reserve assets are projected to total at least $9.2 billion by the end of 2026.

 

 
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